(23/10) ANGIN attended a panel discussion session on ‘Why Startup Pitches Fail? (and how to fix them)’ at Freeware Space Kemang, Jakarta. The event was organized by Founder Institute (FI) Jakarta in collaboration with Plug and Play (PnP) Indonesia.

Jessica Marthin from PnP Indonesia opened the session by introducing PnP and their program. PnP is the most active startup accelerator in Silicon Valley and was invited by President Joko Widodo to open their Indonesian branch in early 2016.

Next, Andy Zain, the managing director of Kejora Ventures and the director of The Founder Institute Jakarta, explained what The Founder Institute (FI) is. FI is a business incubator, entrepreneur training and startup launch program that was founded in Palo Alto, California in 2009. Although based in Silicon Valley, The Founder Institute maintains chapters in over 80 cities and more than 40 different nations across the globe. It offers a four-month part-time program for new and early-stage entrepreneurs that help them develop their business ideas and form a company. Among the key requirements for graduation is the creation of a fully operational company by the end of the four-month program.

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ANGIN INDONESIA

ANGIN (Angel Investment Network Indonesia) is the first and largest network of angel investors in Indonesia. Composed of 59 prominent business leaders and supported by a full-time investment team, ANGIN Investors aim to bring the perfect combination of early stage capital, industry expertise and key connections to early stage companies operating in Indonesia.